United States Steel Corporation (X)
Days of sales outstanding (DSO)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | — | — | — | — | — | — | — | — | 12.88 | 10.98 | 8.88 | 9.05 | 9.71 | 7.16 | 6.76 | 6.58 | 9.80 | 9.10 | 11.43 | 10.40 | |
DSO | days | — | — | — | — | — | — | — | — | 28.33 | 33.24 | 41.10 | 40.35 | 37.61 | 50.95 | 53.98 | 55.45 | 37.25 | 40.10 | 31.94 | 35.10 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
United States Steel Corporation's Days Sales Outstanding (DSO) is a measure of the average number of days it takes for the company to collect revenue after making a sale. Looking at the historical DSO data provided, we can observe fluctuations in this metric over time.
From March 31, 2020, to June 30, 2022, the DSO ranged from a low of 31.94 days to a high of 55.45 days, indicating variations in the efficiency of the company's accounts receivable collection process. A lower DSO suggests that the company is collecting payments faster, which is generally positive as it indicates better liquidity and cash flow management. Conversely, a higher DSO may imply potential issues with credit policies or collection efforts.
From June 30, 2022, to December 31, 2022, the DSO improved significantly to 28.33 days, reflecting a positive trend in the company's collections process. However, it is important to monitor this metric in subsequent periods to ensure this improvement is sustained.
As the DSO data for future periods is not available, it is recommended for United States Steel Corporation to continue monitoring and managing its accounts receivable effectively to maintain optimal collection efficiency and cash flow in the upcoming quarters.
Peer comparison
Dec 31, 2024
See also:
United States Steel Corporation Average Receivable Collection Period (Quarterly Data)